How to Make Money In Banking: Work for Goldman in Europe

If you want to make money in investment banking, work at Goldman Sachs. And if you want to make money at Goldman Sachs, make sure you move to Europe. Apparently.

Employees at Goldman Sachs International – a subsidiary of Goldman Sachs Group Inc that is a rough proxy to the UK and European business of the US investment bank – earned on average more than twice as much as their peers at the rest of the firm last year, according to the company’s accounts for 2010, which were quietly published on Goldman Sachs’ website last week. Goldman declined to comment.